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Harmony warns over output drop

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Harmony Gold Mining says gold production for the September 2010 quarter is likely to be in the order of 3% lower than the previous period.

SA firm plans $300m pig iron project

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South Africa Metals Equity plans a new plant which may produce about 500 000 tonnes per annum of pig iron.

Village acquires gold and antimony mine

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Village Main Reef announced has agreed to purchase 74% of Consolidated Murchison mine from To The Point Growth Specialists for R30m.

Sasol Mining concludes BEE deal

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Sasol Mining has completed the Ixia Coal transaction, as part of the company's empowerment strategy, with WIPCoal Investments as the majority partner.

Northam loses R250m so far due to strike

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Northam Platinum is counting the cost of a lengthy strike, while striking employees have lost approximately R60m in wages and benefits.

Ditch gold for shares, says expert

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As gold continues to trade at new record levels, analysts tip sceptical investors to exchange physical gold for equities.

Gold Fields expects boom to persist

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Gold Fields, the world's fourth-largest listed gold miner, sees strong fundamentals for the sector, although rising electricity prices and currency exchange rates may form strong headwinds.

Rio, BHP iron ore deal still alive

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Mining giant Rio Tinto has denied making any "final decisions" on its controversial iron ore merger with BHP Billiton, as the massive deal appears on the brink of collapse.

De Beers ups output as demand picks up

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Diamond producer De Beers expects to boost production in SA by nearly 50% this year as global demand recovers, but has abandoned efforts to mine gems in coastal waters.

CoAL’s Mooiplaats woes mount

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Following hard on the forced closure of parts of its Vele mining complex in Limpopo, the Australian-owned mining company Coal of Africa is in trouble again with the environment department in Mpumalanga.